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    Home»Crypto News»High US Crypto Alternate Coinbase Launches Help for New Asset Tied to Mental Property-Targeted Blockchain – The Each day Hodl
    High US Crypto Alternate Coinbase Launches Help for New Asset Tied to Mental Property-Targeted Blockchain – The Each day Hodl
    Crypto News

    High US Crypto Alternate Coinbase Launches Help for New Asset Tied to Mental Property-Targeted Blockchain – The Each day Hodl

    By Crypto EditorFebruary 15, 2025No Comments3 Mins Read
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    Coinbase has rolled out buying and selling assist for the brand-new native token of a layer-1 blockchain targeted on mental property (IP).

    The scalable mental property resolution Story launched its public mainnet on Thursday and goals to function a blockchain the place rights holders can add IP, set the phrases of use and monetize it all through the protocol’s utility ecosystem.

    Explains Story’s launch announcement,

    “AI (synthetic intelligence) is undermining IP as we all know it. The standard IP system can not preserve tempo with the velocity and scale of generative AI. Centralized intermediaries make exchanging, licensing, and monetizing IP prohibitively costly. IP homeowners see their works utilized in AI fashions with out attribution or compensation, and even AI firms themselves can’t probably make hundreds of thousands of particular person licensing agreements.

    AI and IP are locked in a zero-sum battle, making {the marketplace} of concepts each illegible and illiquid.

    Story proposes a wholly new framework for mental property, one which creates an open and programmable marketplace for IP. Story is a peer-to-peer mental property community purpose-built to remodel IP right into a programmable asset class, enabling permissionless change, possession, and monetization throughout AI and the broader web.”

    The challenge’s native IP token is buying and selling at $2.08 at time of writing and is down greater than 18% on its first day of buying and selling. It’s already the 158th-ranked crypto asset by market cap.

    Coinbase is including the “experimental” label to IP, which the platform makes use of for tokens that pose sure dangers akin to worth swings and canceled orders due to decrease buying and selling quantity and availability.

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    High US Crypto Alternate Coinbase Launches Help for New Asset Tied to Mental Property-Targeted Blockchain – The Each day Hodl

    Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses you might incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in affiliate marketing online.

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